BARRICK GOLD CORP (GOLD) Stock Technical Analysis
NYSE:GOLD - New York Stock Exchange, Inc. - CA0679011084 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to GOLD. In the last year, GOLD was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GOLD has an average volume of 26753400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GOLD did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
GOLD is an average performer in the Metals & Mining industry, it outperforms 64% of 152 stocks in the same industry.
GOLD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month GOLD has a been trading in the 17.00 - 21.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOLD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.11, a Stop Loss order could be placed below this zone.
More info and screens
15.63
21.40
2 important support areas can be observed.
- A support zone ranging from 17.52 to 18.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.62 to 21.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.28
Mansfield1.12
10 Day High21.11
10 Day Low17.95
20 Day High21.11
20 Day Low17
52 Week High21.35
52 Week Low15.11
Performance
1 Week-6.2%
2 Weeks8.79%
1 Month-1.5%
3 Month18.16%
6 Month-2.8%
12 Month11.53%
2 Year0.11%
3 Year-14.57%
5 Year-25.89%
10 Year50.14%
15 Year35.75%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)47.7
LBB17.22
UBB21.62
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.98 | 17.94 | 2.04 (10.19%) | 9.81% |
| An entry @19.98. This is a Buy Stop order right above the 10 day moving average. | An exit @17.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.04 points, which is 10.19%. | When investing 9.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
19.06
-0.91 (-4.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.56%
1 Week-6.2%
2 Weeks8.79%
1 Month-1.5%
3 Month18.16%
6 Month-2.8%
12 Month11.53%
2 Year0.11%
3 Year-14.57%
5 Year-25.89%
10 Year50.14%
15 Year35.75%
Volatility
ATR(14)1.08
ATR(20)%4.82%
ATR Inc6.08%
Range Today0.42
ADR(20)0.78
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.28
Mansfield1.12
10 Day High21.11
10 Day Low17.95
20 Day High21.11
20 Day Low17
52 Week High21.35
52 Week Low15.11
CS1 End18.11
CR1 Start20.62
Volume & EV
DER(3)-1.49%
DER(5)-1.45%
Volume37.52M
Volume Incr10.04%
Vol(5)28.08M
Vol(50)26.75M